Clean Energy Wire

The European market for energy efficiency solutions is set to grow rapidly, reaching a volume of around 50 billion euros by 2025, according to a study by consultancy Roland Berger. “Rising energy costs and growing climate change commitments are increasing the pressure on companies to be as efficient as possible in their resource consumption,” the consultancy says in a press release (in English). The energy efficiency sector is set to grow at a rate of around 8 percent per year and double in size by the middle of the next decade, it adds. Market growth in Germany, which accounts for around a quarter of total European energy efficiency business, is expected to reach 7 percent in the coming years.